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It's worth $16.155 million. In a perfect world for both sides, Luck will play under a different number in 2016 as part of a long-term extension. Apr 9 - 2:25 PM

Colts owner Jim Irsay said the team will likely wait until next offseason to extend Andrew Luck's contract.

"Andrew still has two years left," Irsay said. "I really think most likely the scenario is going into the offseason next year is when that second contract will come up. That's the vision I have right now." The Colts will exercise their fifth-year team option on Luck this offseason, putting Luck under contract for the next two seasons at around $18-19 million. That's a huge bargain before the Colts will have to hand over quite possibly the largest contract in NFL history to Luck. Mar 23 - 6:08 PM

ESPN reported this week the Colts were working on a new deal for Luck. Entering the final year of his contract, Luck is expected to be extended at some point during the offseason. Luck led the NFL in touchdowns (40) and finished behind only Drew Brees and Ben Roethlisberger in passing yards (4,761). He's expected to command a deal that will make him the highest-paid player in the league, likely in the range of $25 million per season. Jan 24 - 8:16 PM

Sources tell ESPN that the Colts have been working on the parameters of a new contract for Andrew Luck.

Luck's rookie contract is up following the 2015 season. The 25-year-old is expected to land a deal that will make him the highest-paid player in the game, likely around $25M per season. During Luck's first three seasons as a pro, he's gone 33-15 as a starter, been to the playoffs three times, won three playoff games and thrown for 12,957 yards with 86 touchdowns against 43 interceptions. Jan 19 - 8:38 AM

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Colts owner Jim Irsay said the team will likely wait until next offseason to extend Andrew Luck's contract.

"Andrew still has two years left," Irsay said. "I really think most likely the scenario is going into the offseason next year is when that second contract will come up. That's the vision I have right now." The Colts will exercise their fifth-year team option on Luck this offseason, putting Luck under contract for the next two seasons at around $18-19 million. That's a huge bargain before the Colts will have to hand over quite possibly the largest contract in NFL history to Luck.

ESPN reported this week the Colts were working on a new deal for Luck. Entering the final year of his contract, Luck is expected to be extended at some point during the offseason. Luck led the NFL in touchdowns (40) and finished behind only Drew Brees and Ben Roethlisberger in passing yards (4,761). He's expected to command a deal that will make him the highest-paid player in the league, likely in the range of $25 million per season.

Sources tell ESPN that the Colts have been working on the parameters of a new contract for Andrew Luck.

Luck's rookie contract is up following the 2015 season. The 25-year-old is expected to land a deal that will make him the highest-paid player in the game, likely around $25M per season. During Luck's first three seasons as a pro, he's gone 33-15 as a starter, been to the playoffs three times, won three playoff games and thrown for 12,957 yards with 86 touchdowns against 43 interceptions.

Andrew Luck completed 12-of-33 passes for 126 yards with no touchdowns and two interceptions in Sunday's AFC Championship Game loss at New England.

Facing an elite Patriots defense in driving rain, Luck and his teammates melted down. It puts a damper on an otherwise highly encouraging third NFL season. With OC Pep Hamilton taking the chains off, Luck ranked third in the league in pass attempts (616) and predictably turned that volume into a No. 2 fantasy finish at the QB position -- behind only Aaron Rodgers. Luck will sign a massive contract extension this season and then be back as a top-2 fantasy quarterback option once again, this time with explosive Donte Moncrief hopefully bookending T.Y. Hilton. At just 25 years old, we've seen plenty of evidence already that Luck is a rare breed at the game's most important position.

Andrew Luck completed 27-of-43 passes for 265 yards, two touchdowns, and two interceptions in the Colts' Divisional Round upset of the Broncos.

He added two scrambles for 21 yards. Both of Luck's interceptions were essentially bad "punts," deep bombs thrown on third-and-long plays. He was otherwise steady, continuing to carry the Colts' offense. His touchdown passes were good to Dwayne Allen from three yards out in the second quarter and Hakeem Nicks from 15 in the third. The Colts will take on the Patriots in the AFC Championship next week at Gillette Stadium. Indianapolis has opened as a 7.5-point underdog with a Vegas total of 54 points.

Andrew Luck completed 31-of-44 passes for 376 yards and a touchdown in the Colts' 26-10, Wild Card win over the Bengals.

With the Bengals lacking any semblance of a pass rush and undermanned on offense, the game wasn't competitive. Roughly half of Luck's incompletions were drops. The third-year man out of Stanford simply put on a clinic, continually climbing the pocket to avoid Cincy's "pressure" while dropping dimes with whatever touch was necessary. His touchdown toss to Donte Moncrief was an absolute thing of beauty. Now Luck will try to match wits and throws with Peyton Manning in the Divisional Round.

Andrew Luck played one half in Sunday's Week 17 game at Tennessee, going 10-of-16 for 160 yards with two touchdowns and zero interceptions.

With their offense sputtering (Luck totaled 296 passing yards in the last two games combined), the Colts chose to play all their starters in this meaningless game. The decision should give the unit a bit of confidence heading into next week's Wild Card game. Luck, who was fantasy's No. 1 quarterback through 16 weeks, finishes his third NFL season by setting career-highs in completions (380), completion percentage (61.6), yards (4,761) and touchdown passes (40). He's just 25 years old.

Coach Chuck Pagano stated Monday that the Colts will play their starters in Week 17 against the Titans, despite the fact that they can't improve or hinder their playoff seeding much.

Pagano, understandably, believes the Colts "need to build some steam" entering the postseason after Sunday's 42-7 loss to Dallas. Indianapolis is locked into either the No. 3 or No. 4 seed in the AFC. They've obviously locked up the AFC South, but can't get a first-round bye. Andrew Luck & Co. will be in play for fantasy leagues still going on in Week 17, and in DFS formats.

Andrew Luck was pulled in the third quarter of the Colts' blowout loss to the Cowboys.

Luck finishes the game completing 15-of-22 passes for 109 yards and two interceptions. The stat line is terrible, but Luck was not as bad as the numbers indicate. The Colts' banged up offensive line struggled to protect Luck, and his pass catchers did not help the situation by dropping several passes. OC Pep Hamilton has to shoulder some of the blame as well as he failed to get Donte Moncrief involved and instead decided to run three screen passes to Hakeem Nicks. Luck has not played well lately, but he is a decent bet to get back on track against the Titans Week 17.

Andrew Luck completed 18-of-34 passes for 187 yards with two touchdowns and one interception in Sunday's Week 15 win over the Texans.

Luck was not sharp, generating just two scoring drives on 14 possessions. He did get hurt by some near misses, including a 48-yard TD to Donte Moncrief that was called back by holding. We'll chalk it up as a bit of a fluke and some natural regression of Luck's white-hot start to the year, and fire him up again against the Cowboys in Week 16. Armed with a full arsenal of weaponry, there's no reason to think he won't go over 300 yards next week.

Andrew Luck completed 24-of-53 passes for 294 yards, two touchdowns, and two interceptions in the Colts' Week 14 win over the Browns.

He also led the Colts in rushing, scrambling five times for 37 yards and a third TD. Cleveland got consistent pressure on Luck, particularly up the middle. He was sacked at the Colts' two-yard line late in the first quarter before fumbling, and the football was recovered in the end zone by Browns ILB Craig Robertson. Luck finally got Indy on the board with a nifty 11-yard TD run late in the second quarter. At halftime, Luck was 9-of-22 passing for 86 yards and a 52.5 passer rating. Early in the third quarter, Luck was pick-sixed by Browns rookie CB Justin Gilbert from 23 yards out, giving Cleveland a 21-7 lead. Luck rallied back the Colts with two touchdown passes to T.Y. Hilton, one on a 42-yard bomb and the second from a yard out for the game winner. Expect a much bigger day from Indy's offense when they face the Texans indoors in Week 15.

Andrew Luck completed 19-of-27 passes for 370 yards and five touchdowns Week 13 against the Redskins.

Luck took advantage of multiple defensive breakdowns in the Redskins' secondary, finding Coby Fleener and Donte Moncrief completely wide open on several occasions. The Redskins' defense was simply overmatched, and Luck moved the ball at will against them in the second half. After two sub-par performances, Luck looks poised for a strong run during the fantasy playoffs.

Andrew Luck completed 21-of-32 passes for 253 yards, one touchdown, and zero interceptions in the Colts' Week 12 win over the Jaguars.

The Colts got off to a horrible start, as Luck was strip-sacked on two of the first three possessions, losing both fumbles. He took five sacks in total. Luck's streak of eight consecutive games with 300 yards passing was also snapped Sunday. His lone touchdown pass went to T.Y. Hilton from 73 yards out. Luck later missed a 77-yard score to Reggie Wayne, who was wide open down the left sideline. Luck should get back to elite levels at home against the Redskins in Week 13.

Andrew Luck completed 23-of-39 passes for 303 yards, two touchdowns, and an interception in Sunday night's Week 11 loss to the Patriots.

With the Patriots shutting down T.Y. Hilton, Luck was mostly limited to check downs and underneath routes. The Colts didn't even attempt to establish a running game, and he finished as the leading rusher with three carries for 14 yards. Luck's touchdowns came on a 10-yard fade route to Hakeem Nicks and a goal-line pass to LT Anthony Castonzo. His interception was a deflected pass that he forced to Reggie Wayne. Luck has at least 300 yards and two touchdowns in eight straight games and will be a top-three option in Week 12 against Jacksonville.